Is college worth it? How do you create luck? AJ and Roc Pilon tackle both questions in this episode.
Starting out, AJ and Roc talk about "Chase Chance and Creativity" by James H. Austin and the four different types of "luck" or chance.
If you were to have engineered the modern computer, would you be as rich as Bill Gates? Or does luck come into play, and if so, which kind?
Most luck is created by those who are actively seeking opportunity, and that's the kind of luck we need to harness in order to become successful in our lives.
More importantly than the degree you earn in school, are the environment you surround yourself with, the higher level thinking you learn, and the information you gather while there.
Roc makes the point that if you don't know what you want to do in the long run, or even what to study, you may want to spend some time in the workforce to explore your options without drowning in student loan debt.
While talking about the idea of "luck of motion" AJ mentions that motion takes time to build up. "Luck of preparation" also takes tons of time and work. You need to be ready for the time you can take your preparation and put it in to motion. Of course, all this hinges on the person that you fundamentally are, which is the last of the "lucks".
Lastly, school is really just an avenue to create opportunity. There is no answer to whether school is good or bad, or if everyone needs it or not. You have to assess your life and decide if going to school is going to create more opportunity for you right now.
Topics of discussion include:
- Financial Freedom
- Creating Cash Flow
- Real Estate
- Self Storage
- Buying Self Storage
- Passive Income
- Investing in Real Estate
- Investing in Self Storage
- Financial Freedom with Real Estate